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20120701
20120731
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Search Results 0 to 17 of about 18 (some duplicates have been removed)
investment funds from wealthy foreigners most of the money through corporations registered in panama. some of the most secretive of business laws exist there in panama. does that story prove the president's points, that business leaders don't come by successful initiatives on their own? >> well, i think certainly not, tom. i think the recent polls you've cited have shown that the president's false attacks on mitt romney aren't working right now and the people care about the economy. i want to turn to your point about the context of the president's you didn't build that remark. there was a good article by phil klein this morning saying that the contextually made that comment worse. if you look at the whole speech and what he's arguing, it's that the way that we're going to fix this economy, the way that we're going to get out of this ditch is through more government and not by unleashing the private sector. his argument was that people, small business owners, you're not that smart, you didn't work that hard, you didn't earn that. it happened because of the government. that's the wrong way t
, bain and co-people. there are also these kind of mysterious, you know, there's a geneva trustee, panama corporations. there are trusts. these are, for any tax authority around the world, these are big red flags. camp panama, i describe in the article, a u.s. customs official calling it one of the filthiest money laundering sinks in the world. this is not -- we're not talking here about u.s. investors breaking u.s. tax -- we are talking about foreigners cloaking their money in these offshore structures and the money coming in. and that just raises an awful lot of questions. you know, did those investors break their own country tax laws? are they committing tax evasion in those countries? el salvador was certainly one of the countries where a lot of those investors were coming from. you know, that was a country torn apart by class warfare and military conflict. you know, this kind of thing about tax evasion can, you know, is sort of a symptom of the kind of impunity of the elite of these countries. it raises a very sort of nasty set of questions about, you know, was that a vehicle for for
's personal journey from freedom to panama and the recent return to the country. >> and your american flag, it might have been made in china. american flag made in china. >> check the label. >> let's talk about that coming back. [ male announcer ] introducing a powerful weapon in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. introducing share everything. unlimited talk. unlimited text. tap into a single pool of sharable data and add up to 10 different devices, including smartphones and tablets. the first plan of its kind. share everything. only from verizon. now add a tablet for only $10 monthly access. ♪ wer surge, let it blow your mind. [ male announcer ] for fruits, veggies and natural green tea energy... new v8 v-fusion plus energy. could've had a v8. they claim to be complete. only centrum goes beyond. providing more than just the essential nutrients, so i'm at my best. centrum. always your most complete. >> welcome back. time for your
says quote, most of the foreign investors' money came through corporations registered in panama. then known for tax advantages and unusual banking secrecy. but it didn't matter to romney where the money was coming from, he knew there was little risk to him in starting his investment fund. he was assured by his boss bill bain back in 1984 that starting up bain capital would be a non-risk prospect for romney. ezra klein at the washington post writes, romney would get his old job and salary back plus any raises he would have earned during his absence. and bain promised that if necessary he would craft a cover story saying that romney's return to bain and company was needed because of his value as a consultant. so there was no professional or financial risk. no professional or financial risk. that's the kind of security that's denied to most americans. there's also news today undercutting romney's claim that he left bain back in 1999 to run the salt lake city olympics. >> i had no association with the banishment of bain capital after february of 1999. that's when i left the firm. i'
importantly, i don't see pensacola, i don't see fort walton, i don't see panama city beach, not the redneck riviera. >> mcclain. >> mcclain, come on. it looks like a town where a bunch of hip peas hang out and smoke pot or something. >> you sound the way colbert drilled me one day. it's great to see you, joe, and you know i visited pensacola a number of times and worked with them on making their city and helping their institute and everything they're doing down there. and they're doing good. florida is better. i spend the winter in miami, but it's got toin ve invest a little in that technology, it's got to bring skills. huntsville does great. it may not be tuskarawas loocal it's doing great at growing its economy. >> we have a chance to grow in the next 20, 30, 40 years. if we crack the code on an energy source that's cheap enough and economical enough that we can produce it on scale and run the economy, you will see smaller college towns just like richard is talking about absolutely explode. instead of some oil taxes in sau saudi arabia or some natural gas fields in pennsylvania, you will
salesman for jimmy carter for the panama canal treaty. you are talking about guts there. >> and it takes a lot of them, pat. and believe me, it does. >> also following you around when you were running for president was a dangerous thing to do but i did it anyway. >> but if i paid a dollar for "news ""i would put out a headline president cry baby because he can't take responsibility. he got everything he wanted passed and he blames everybody. why doesn't he take responsibility? >> have you ever known a president that doesn't blame the congress for what they don't get put through? and what are they doing? >> he didn't need the republican congress. >> let me ask bob the question. the news week, where they come from and rest of it, would they dare say barack obama, he has been a wimp, maybe they reached too far and do all these things like they did to george h.w. bush and like they are doing to romney. the left is being a caricature of itself. all the rotten comments and all the rest of it, i think they democrat their own credibility. those magazines used to be excellent, we all read them. >
by panama money, foreign money sources. is this a legitimate argument to have? >> it's all legitimate because it gets to who these people are, how they made their money. how they could possibly run things as president. but look, mitt romney is whacking away at president obama's achilles heel, which is jobs. the weak economy and the fact that jobs just aren't growing as fast as the american people would like. president obama is whacking away at mitt romney's achilles heel over the tax issue, over his lack of disclosure and you know, i agree with susan that there will be a reset button hit strategically advantageously for mitt romney. but i say ultimately, this tax return issue is an issue that's not going to go away. it just isn't. if the romney campaign doesn't do something before the debates, he's going to get whacked really, really hard. because this gets to -- the overall issue of transparency. whether you can trust the person who you are hoping -- who is asking you for your vote, that he's being transparent about how he's made his money. >> what is the job application? >> somethin
corporations regist registered in panama which actually gave very preferential tax treatment. you didn't have to pay a whole lot of taxes. and so this story actually highlights the nebulous world of offshore accounts, tax perks for very wealthy folks that have been dogging mitt romney and his campaign now for a couple of weeks. >> there's the headline there of the article that you just mentioned, bain capital started with help of offshore investors. we should note here, of course, the romney campaign responding today, their response, here it is in part, quote, president obama's own jobs council advocating more foreign direct investment in the u.s. to help grow the economy, something president obama himself has been unable to do, as illustrated by the recent downgrades in gdp forecast. how these investors chose to invest is their decision, not bain capital's. do you think, mark murray, do you think any of this adds fuel to the fire over romney's tenure at bai? >> you know, craig, i think the danger for romney campaign is there's almost going to be a drip-drip nature. you're going to have artic
to 3 to 5 inches of rain from birmingham down to panama city, florida. more rain falling now, severe thunderstorm watches in effect. you can look at those ranges training down. rainfall amounts over the next 24 hour, we're looking at another 3 to 5 inches locally, some areas picking up 1 to 2 inches. flooding is a big problem right now throughout much of central alabama. >> good morning. today will be like yesterday. a mixture of sun and clouds. we will see a few scattered showers. >>> and that's your latest weather. savannah? >>> al, thanks. much more from london's olympic park just ahead, including ryan lochte's personal cheering section. we're going to talk to his mother and siblings. >>> just ahead -- members of the u.s. men's gymnastics team will open up about a dramatic but what would have to be considered disappointing night for them here in london. they started out the evening in first place, ended up in fifth. we're going to talk to them, find out what they think might have gone wrong. >> we'll ask them and see how they're feeling about their individuals events, which are st
. most financial investors money came from corporations registered in panama, then one of the world's most secretive business jurisdictions, offering a confidentiality intense advantages. previously unreleased details and other public records -- bain capital was emeshed in the largely opaque world of international high finance from its inception. romney faces increasing criticism for his own involvement in exotic offshore investment funds. that is front page of the chicago tribune this morning. and the lead story in the miami herald is -- in congress, few released their congress. nancy pelosi was an phatic. mitt romney the's to release more than two years of his tax return, it makes him unfit to win confirmation as a member of the president's cabinet, let alone hold the high office himself. harry reid went further. his refusal to make public tax record makes him unfit to be a dogcatcher. they do not think that standard of transparency should apply to them. the democratic leaders of the senate and house are among hundreds of senators and representatives from both parties who refused
families would receive a small subsidy is a kind of reward of that good behavior. we also see it in panama and other places. it derives cash transfer to lower -- what is exciting is it is looking at the absolute poorest of the ports of the people who don't normally access services, people he may not even be registered for government services is providing a end incentive for the government to go out and identify those individuals and to identify them in creative ways that perhaps go beyond the traditional mechanisms for traditional cash transfer which includes health care are going to go to the doctor on a regular basis and if your children go to school, you may receive some food subsidies and there has been some discussion even particularly with indigenous communities, traditional communities as to how do you treat that basket of goods to make sure it's culturally appropriate so you are buying more local food products so that you are looking at -- you are not changing communities diets or their principles. one of the main areas -- so that is an example of public aid. and public aid for the
up three to five inches of rain from birmingham down to panama city, florida. more rain falling now, we have severe thunderstorm watches in effect. you can look at that rain just training down and rainfall amounts over the next 24 hours, another three to five inches locally and some areas picking up, generally, one to two inches and flooding is a big problem now throughout much of central alabama. that's what's going on around the country, here's what's happening in your neck of the woods. >> good morning, tom kierein storm center 4. low 70s around the metro area and mostly cloudy and storm 4 radar showing a couple showers and heavier downpours in the lower eastern shore. may get some of those later this morning, but a greater chance this afternoon and this evening along with some thunder and lightning, some downpours quite heavy. highs reaching the mid-80s. those may continue off and on late tonight into early tomorrow morning. highs low 90s. over the weekend, could get >>> and that's your latest weather. savannah? >>> al, thanks. much more from london's olympic park just ahead, in
Search Results 0 to 17 of about 18 (some duplicates have been removed)